Course Details

Cost

FREE

Upcoming Schedule

On demand

Course Provider

MIT online courses

MIT OpenCourseWare makes the materials used in the teaching of almost all of
MIT's subjects available on the Web, free of charge. With more than 2,200
courses available, OCW is delivering on the promise of open sharing of
knowledge.

MIT OpenCourseWare makes the materials used in the teaching of almost all of
MIT's subjects available on the Web, free of charge. With more than 2,200
courses available, OCW is delivering on the promise of open sharing of
knowledge.

Course Description

15.012 Applied Macro- and International Economics uses case studies to investigate the macroeconomic environment in which firms operate. The first half of the course develops the basic tools of macroeconomic management: monetary, fiscal, and exchange rate policy. The class discusses recent emerging market and financial crises by examining their causes and considering how best to address them and prevent them from recurring in the future. The second half evaluates different strategies of economic development. Topics covered in the second half of this course include growth, the role of debt and foreign aid, and the reliance on natural resources.